The joint venture and the licensing agreements bring together the strength of two industry leaders to deliver new technologies to the market more quickly. We are excited about making the results of our research investments in both genetics and traits available to more farmers, sooner.
It's no longer about a single dominant player providing biotech tools to the marketplace. We are competing head to head.
By combining the Optimum GAT trait with our industry leading soybean products, farmers will enjoy even more significant yield advantages, along with improved weed control options.
Today's decision is great news for farmers and for Pioneer. This approval supports expanded choices for farmers and recognizes the safety and value of Pioneer biotech products worldwide.